Metaverse News

Metaverse ‘father’ Neal Stephenson is Launching His Own Blockchain

Author Neal Stephenson, credited with coining the term “metaverse” three decades ago, is embarking on a metaverse-centric blockchain initiative known as LAMINA1.

Stephenson, renowned for his Metaverse concept introduced in his 1992 science fiction novel “Parasite,” envisions the metaverse experience to be shaped by 2D screens, akin to the models presented by Meta and Microsoft, rather than relying on virtual reality or augmented reality technologies like headsets or lenses.

Metaverse 'father' Neal Stephenson is Launching His Own Blockchain

The 62-year-old author, who also served as the chief futurist at the augmented reality (AR) company Magic from 2014 to 2020, has teamed up with Peter Vessenes, the former head of the Bitcoin Foundation, to establish LAMINA1.

This layer-1 blockchain network aims to serve as the foundational layer for the Open Metaverse, fostering a space aligned with Stephenson’s vision.

Vessenes expressed the goal of creating a platform where producers prioritize the technical and artistic aspects, providing support, spatial computing technology, and a community for those constructing the metaverse. He highlighted the project’s commitment to being carbon negative.

While specific details about LAMINA1 are currently limited, it’s noteworthy that Ethereum Co-Founder Joseph Lubin is among the initial investors.

Stephenson’s 1992 novel envisions the Metaverse as a virtual city accessed through a global fiber optic network and VR headsets, addressing themes such as social inequality, centralized control, constant advertising, and introducing the concept of virtual real estate.


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